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Wednesday, May 25, 2011

Tell Your Senators: NO CEDA WITH NUCLEAR FUNDING

Tell Your Senators: NO CEDA WITH NUCLEAR FUNDING

May 25, 2011

The Senate Energy Committee is scheduled to consider tomorrow--May 26, 2011--a bill establishing a new "clean energy" bank called the Clean Energy Development Administration (CEDA).

Unfortunately, this "clean energy" bank is anything but a source for funding genuinely clean energy. In fact, both new nuclear reactors and certain coal projects would be eligible for unlimited taxpayer backed loans if this bank were to be realized.

A press release from our friends at Union of Concerned Scientists with more background on CEDA is here.

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